June, 30, 2011 US: Global warming could affect wine growing

(UPI) -- Global warming could significantly affect California and other premium wine-growing regions of the United States in the next 30 years, researchers say. Scientists at Stanford University said that by 2040, the amount of land suitable for cultivating premium wine grapes in high-value areas of...

June, 30, 2011 Constellation enjoys strong quarter

Victor, N.Y. — Constellation Brands Inc., maker of Robert Mondavi wine and Svedka vodka, said today its first-quarter profit jumped 52 percent to $75 million on improved wine and spirits sales in North America. The company, which also sells imported beers such as Corona, said its revenue droppe...

June, 29, 2011 China invades Bordeaux

The January purchase of Château Latour-Leguens in Entre-Deux-Mers by a Chinese trading company might have passed under the radar of many observers of the wine industry, but over time the deal has taken on ever-growing significance: it marked the first Chinese purchase in Bordeaux and now investors ...

June, 29, 2011 US: New wine laws decriminalize our old behaviors

Wine lovers in Virginia and Maryland can come out of the shadows this Friday when it becomes legal to do the things we’ve been doing all along. Virginia’s corkage law takes effect on July 1, making it legal for restaurants to allow patrons to bring their own wine. If you were unaware that Virgin...

June, 29, 2011 Constellation expected to reveal increase in wine, alcohol sales

Constellation Brands Inc., which sells Robert Mondavi wine, Svedka vodka and Corona beer, reports its fiscal first-quarter results before the stock market opens tomorrow. In the year-earlier first quarter, Constellation Brands reported net income of $49.1 million, or 22 cents a share, on revenue ...

June, 29, 2011 The Bordeaux Wine Trade – Intellectual Property Even The Chinese Can’t Replicate

China imported 33.5 million bottles of Bordeaux wines worth $475m in 2010. No wonder the price of an average 2008 Grand Cru Classé at a small St Emilion merchant’s tasting outlet defies current European economic logic at an eye watering €49 a bottle. With the nouveau riche from India and Russia...

June, 28, 2011 US: E. & J. Gallo Winery Buys Edna Valley Vineyard & Winery

/PRNewswire/ - E. & J. Gallo Winery announced today an agreement to purchase Edna Valley Vineyard from Diageo Chateau & Estate Wines Company and Paragon Vineyard Company, who have held Edna Valley Vineyard in a joint venture. Gallo will continue to partner with Paragon as a source of grapes for the ...

June, 28, 2011 US: Wine Labels Tax TTB

Washington, D.C.—In the current federal fiscal year, which ends Oct. 1, the Alcohol and Tobacco Tax and Trade Bureau was funded at roughly $100 million; this coming year, the TTB’s funding may be reduced to the $96.8 million approved last week by the House of Representatives’ appropriation com...